19,79,424 Units Promoter Shares of Nepal Reinsurance Company in Auction from Today
Prabhu Insurance Limited is auctioning 19,79,424 units of promoter shares of Nepal Reinsurance Company Limited (NRIC). The auction is opened from today i.e. on 19th Mangsir till 26th Mangsir, 2080.
19,79,424 units of promoter shares of Nepal Reinsurance Company Limited are being auctioned. Interested promoters shareholders/ institutions are eligible to bid in an auction. Rs. 280 is the minimum bid rate. The minimum bid quantity for promoters’ shares is 10,00,000 units and the maximum bid quantity is 19,79,424 units.
Prabhu Capital Limited is the auction manager.
As of writing, NRIC has an LTP of Rs. 610.